The basis of the fuel surcharge will be the department of energy price index for California www.eia.doe.gov. The fuel surcharge will be indexed monthly from a base of $2.50/gal. On the first Monday of each month the average of the previous week's fuel cost will be used to calculate the current month's fuel surcharge.For every $0.05 in fuel increase over the $2.50 base Central will charge a surcharge of $0.125/cyd. This fuel surcharge index will be updated and posted on our company website with the current fuel surcharge rate for that month is highlighted as shown on the chart below.
DOE California 03-01-2010 average fuel cost $3.02/gallon = March surcharge of $1.38/cyd.
DOE Fuel Index/Gallon
Surcharge per cubic yard - 2006
$2.51
$2.55
$0.13
$2.56
$2.60
$0.25
$2.61
$2.65
$0.38
$2.66
$2.70
$0.50
$2.71
$2.75
$0.63
$2.76
$2.80
$0.75
$2.81
$2.85
$0.88
$2.86
$2.90
$1.00
$2.91
$2.95
$1.13
$2.96
$3.00
$1.25
$3.01
$3.05
$1.38
$3.06
$3.10
$1.50
$3.11
$3.15
$1.63
$3.16
$3.20
$1.75
$3.21
$3.25
$1.88
$3.26
$3.30
$2.00
$3.31
$3.35
$2.13
$3.36
$3.40
$2.25
$3.41
$3.45
$2.38
$3.46
$3.50
$2.50
We at Central Concrete appreciate your business and understand that high fuel costs effect your business in many negative ways. We have avoided passing these increased costs onto you, our customer, but at these new record highs we are unable to absorb these costs any longer. We appreciate your understanding of this matter and stand ready to assist you on your project in any way we can.
Sincerely Yours,
Jeff Davis
Vice President - General Manager
